Mobile Tornado Group (LSE:MBT) Cash-to-Debt : 0.01 (As of Jun. 2024)

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What is Mobile Tornado Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Mobile Tornado Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Mobile Tornado Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Mobile Tornado Group's Cash-to-Debt or its related term are showing as below:

LSE:MBT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.07
Current: 0.01

During the past 13 years, Mobile Tornado Group's highest Cash to Debt Ratio was 0.07. The lowest was 0.00. And the median was 0.02.

LSE:MBT's Cash-to-Debt is ranked worse than
98.57% of 2791 companies
in the Software industry
Industry Median: 2.49 vs LSE:MBT: 0.01

Mobile Tornado Group Cash-to-Debt Historical Data

The historical data trend for Mobile Tornado Group's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Mobile Tornado Group Cash-to-Debt Chart

Mobile Tornado Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.02

0.01

0.02

Mobile Tornado Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	-	0.02	0.01

Competitive Comparison of Mobile Tornado Group's Cash-to-Debt

For the Software - Application subindustry, Mobile Tornado Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mobile Tornado Group's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Mobile Tornado Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mobile Tornado Group's Cash-to-Debt falls into.

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Mobile Tornado Group Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Mobile Tornado Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.186	/	(10.95	+	0.173)
	=	0.02

Mobile Tornado Group's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.128	/	(5.626	+	5.817)
	=	0.01

Mobile Tornado Group (LSE:MBT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Mobile Tornado Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Mobile Tornado Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Mobile Tornado Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mobile Tornado Group PLC (LSE:MBT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

59 Station Parade, Copthall Bridge, Harrogate, North Yorkshire, GBR, HG1 1TT

Website

https://www.mobiletornado.com

Mobile Tornado Group PLC provides instant communication mobile applications serving the mobile data services market in the mobile communication industry. Its solutions include Push-To-Talk, Push-To-Locate, Push-To-Alert, and Push-To-Message. Geographically, it derives of its revenue from South America and has a presence in the UK, Europe, North America, Israel, Africa, and Asia/Pacific. The company generates revenue from License fees, Hardware and software, Professional Services, and Support and Maintenance.